Update Regarding LendingClub

RNS Number : 7125X

VPC Specialty Lending Invest. PLC

10 May 2016

 



10 May 2016

VPC SPECIALTY LENDING INVESTMENTS PLC

(the "Company")

Update

Following recent developments at LendingClub Corp, the Company confirms it does not hold a position in LendingClub Corp and has never had any exposure to them nor any loans originated by them.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Victory Park Capital Brendan Carroll (Senior Partner and Co-Founder) Gordon Watson (Partner, Investment Manager)	via Newgate (below)
Jefferies International Limited	Tel: [phone]
Gary Gould
Alex Collins
Stifel Nicolas Europe Limited	Tel: [phone]
Neil Winward
Mark Bloomfield
Gaudi Le Roux
Newgate (PR Adviser)	Tel: [phone]
James Benjamin Alex Shilov Lydia Thompson	Email: [e-mail]

ABOUT VPC Specialty Lending Investments PLC:

VPC Specialty Lending Investments PLC invests in opportunities within the specialty lending market primarily through online lending platforms. The Company intends to generate an attractive total return for shareholders consisting of distributable income and capital growth via investments in a diverse portfolio of various platforms, asset classes, geographies (primarily U.S., U.K., Australia and Europe) and credit bands.

Since 2010, the Company's investment manager, Victory Park Capital, has been actively involved in the specialty lending marketplace and has made more than $4.4 billion of investments and commitments across a number of financial technology platforms, multiple geographies (U.S., U.K., Australia and Europe), products (consumer and business) and structures (whole loans and senior credit facilities).

Further information on VPC Specialty Lending Investments PLC is available at:

http://vpcspecialtylending.com .

 

END

 

 

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